For a second day in a row, inclement weather has cancelled numerous appropriation committee meetings that had been scheduled for today at the General Assembly. Legislators, like most of us, are waiting it out at home until temperatures can rise and clear away the icy patches on bridges and roadways.
With a few extra hours on their hands, House and Senate members may want to use this down time to read the latest report on incentives and economic development from the NC Justice Center.
Allan Freyer, the author of Picking Losers: Why the Majority of NC’s Incentive Programs End in Failure, explains that more than half of all firms receiving incentive awards from the state’s Job Development Investment Grant (JDIG) program have failed to live up to their promises of job creation, investment, or wages.
Click below to hear Freyer discuss his new report. To read the complete findings for yourself, click here.